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��15�5�5� <br /> �5. E]CPEIV5E5;AaVANCES�N��VENANTS;A1T�RNEYS'FEES;C�LLECTI�N Ca5T5.Except <br /> when pr�hibited by law,Trustor agrees to pay all of Beneficiary's expenses if Trustor brea�hes any co�enant <br /> in thi5 5ecurity Instrument.TruStvr will a�so pay an demand any arnount incurred by Beneficiary for <br /> in5uring,inspect�ng,preserving ar�therwise protecting�he Property and Beneficiary'�security interest. <br /> These expense�wil�bear interest frvrn the date af the payment until paid in full at the highest interest rate in <br /> effect as pro�ided in the�errns of the Secured De�t.Trustar ag�ees t❑pay a11 cost�and expenses incurred by <br /> Beneficiary�n�ollecting,enforcing or prote�ting Benef�iary`s right�and remedieS under this Se�urity <br /> Instrument.This amount rnay in��ude,but is not IimitQd to,attorneys'fees,court co�ts,and other lega� <br /> expenses.Th i s Se�u rity I nstru ment shal I rema i n i n efFect u nti I released.Tru stor ag�ees to pay for a ny <br /> recordation costs af su�h release. <br /> �7. ENVIR�NMENTAL LAWS AND HA2aRD�US 5UB5TANCES.A�u�ed in th is section,�1} <br /> Enviranmental Law rneans,without limitation,the Camprehensi�e En�ironmental Respanse.Campensati�n <br /> and Liabili�y Act�CERCLA,421J.5.C.9fi�I et s�q.�,and all other federal,state and loca�laws,regulations: <br /> ordinances,cvurt orders,atto�ney general opinions or interpreti�e letter��aneerning th�publi�health,safety, <br /> we�fare,en�ironment or a hazardou�substan�e;and���Ha�ardous Substance means any taxi�,radioacti�e or <br /> hazardous rnaterial,waste,pvllutant or contaminant wh�ch has eharacteristics which render the substan�e <br /> dangervus or potentially dangerous to the public health,safety,welfare or en�irvnrnent.The term includes, <br /> without lim�tatian,any substan�es defined as"hazardou�material,""tvxi�substan�es,""hazardaus waste"or <br /> "hazardous substance"under any En�irnnmental Law. <br /> Trusto�represents,warrants and agree�that: <br /> A. Extept a5 previous�y dist�osed and acknowledged in writing to Beneficiary,nv Hazardvus 5ubstance is <br /> or will be located,stored or released vn or in the Property.This res#riction d�es not app�y to srnall <br /> quantities of Hazardaus Substan�es that are generally recognized ta be apprvpriate for the normal use <br /> and rnain�enance of the Property. <br /> B. Exeept as previ�usly disciosed and a�knowledged in wrEting to Beneficiary,Trus�ar and e�ery tenant <br /> ha�e been, are, and shail remain in fu�1 compliance with any appli�able EnWironmental Law. <br /> C. Trustar shall immediately notify Beneficiary if a�elease or threatened release of a Hazardous Substan�e <br /> ❑eeurs on,under or abaut the Praperty❑r there is a��iolation of any En�ironmenta�Law eoncerning the <br /> Property.In such an e�en�,Trustor shall take all necessary remedial action in a��ordan�e with any <br /> En�ir�nrnental Law. <br /> D.Trustor shali immediateky notify Benefi�iary in w�iting a�svan as Trustar has reason to b�lie�e there is <br /> any p�nding ar thr�atened fnvestigation,c[airn,or praceeding relating to the release�r threatened <br /> re�ease of any Hazardous Su�stance or the�io�ation of an�En�ir�nmental Lavv. <br /> 18. C�NDEIV�NATI�N.Trustor will give Beneficiary prornp�notice of any pending or threatened action,by <br /> pri�ate or pub�ic entit�es to purchase or take any or al1 of the Property through c�ndernnatifln,eminent <br /> domain,ar any other mean�.Trustar authoriz��Benefi�+ary to intervene in Tru�tar's name in any of the <br /> a�ove described actions ar�lairns.Trustor as�igns to Beneficiary the pro�eed5 of any award vr claim fvr <br /> damages Canne�ted with a condemnation ar othertaking of all or any part ofthe Property.5uch proceeds <br /> �hall�e�onside�ed payrnents and wil�be applied as pro�ided in th�s 5ecurity Instrument.This a�signmen�of <br /> pro�eeds is subje�t ta the terms af any priar rnortgage,deed of trust,security agre�rnent or other lien <br /> document. <br /> 19. INSURANCE.Trustar shall keep Property insured against Ioss by fire,flood,theft and other hazards and <br /> risks reasonably associated with the Property due to its type and Iocation.This insuran�e shall be maintained <br /> in the amounts and for the periads that gen�ficiary requires.What Beneficiary require5 pursuant tv the <br /> pre�eding twa sentences can�hange during the term of the Se�ured Debt.The inSurance carrier pra�iding the <br /> insuranee shall be�hosen by Trustar subje�t to Benefi�iary's appra�al,whi�h sha[�not be unreasonably <br /> withheld.lf Trustor fails tv maintain the co�erage d�s�ribed aba�e,genefi�iary may,at 6eneficiary's optivn, <br /> obtain�overage to pratect Beneficiary's right�in the Praperty according to the terms of this 5�curity <br /> Instrument. <br /> �� (pa e f <br /> _1994 Walters I{luwer Finantial Serviees-Bankers 5ystems W Farm USB-REDT-NE 11l1�12�'12 � <br />